Bitcoin Crossed $800, The Rise Of Bitcoin In China: Supply And Demand

In the last week, Chinese state run TV news programs have been producing short segments about the rise of Bitcoins in the country. Many have concluded that to some degree this is an endorsement by the government. This will continue to have a profound impact on just how far Bitcoin could raise as more and more average Chinese become acquainted to Bitcoin.

The Chinese Have The World’s Highest Savings Rate

In China as I write, Bitcoin is becoming an investme ...

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